NVIDIA Corp (NASDAQ: NVDA) is enjoying a boost in its stock price today, thanks in part to the positive quarterly results from Meta Platforms Inc. (NASDAQ: META). In an impressive second-quarter performance, Meta Platforms reported a revenue of $32 billion, marking an 11% year-over-year increase and surpassing the Street’s consensus estimate of $31.12 billion. The…
It is a busy week in the markets. One-third of the S&P 500 and Dow Jones indices are posting Q2 results over these five sessions. Did we mention that there is also a Fed decision this week? And we still have earnings from Amazon (AMZN) and Apple (AAPL) after the close. Market participants try and…
Last week, the bulls were finally able to establish an advantage. Extreme levels of bearish sentiment suggested that most sellers already left the building. Buyer climbed out from under their desk and started to nibble. This week will be important for bulls to hold these gains. There are a few key factors with regards to…
Markets ripped higher in late trade on Wednesday. The move came in response to a question posted to Fed Chair Jerome Powell at his press conference- Would the Fed raise rates 75 basis points in its next meeting? Powell was direct in his response- “75 basis points is not something the committee is actively considering”….
We enter the heart of Q1 earnings season with the VIX trading above 30. The combination of headline noise with skittish market sentiment sets up for volatile price action. Tracking the winners and losers can be difficult as price action will not necessarily match fundamentals. We want to break down some key earnings and price…
In 2019, the NotPetya cyberattack cost U.S. multinationals approximately $10 billion in damages. NotPetya was malware used by Russian hackers to attack Ukraine, but it went beyond its intended target. It was the largest single attack by a state-sponsored entity in the history of the World. Again, this was an unintended strike on the U.S…..
Tech giant Amazon (AMZN) announced a 20-for-1 split its stock last week. This caught the markets attention as the Pavlovian response is to buy shares into and post-split. Shares of Amazon (AMZN) initially rallied 6% on news. It has had difficulty holding those gains in a tough tape. Peers Apple (AAPL) and Tesla (TSLA) saw…
Are you thinking about doing any home renovations? You may want to get a quote from a contractor first as prices continue to skyrocket. Would you be better off placing that money in the companies that are selling the materials to these contractors? Today, we review the two behemoths in this space. The pandemic represented…
Investors have been chasing the “smart money” for years. The term is loosely defined and can be a little insulting to retail investors. Perhaps a better way to define what investors are searching for is “deep pockets”. The idea that these smart investors simply have more capital that allows them to accept paper losses and…
This represents an opportunity for Walmart (WMT) as it can use its sheer size and economies of scale to protect patrons against higher prices. Investors have been slow to adapt WMT as a winner in the current environment. The stock has slipped 10% over the past four months. A little deeper dive suggests that the…
